Published on November 10th, 2014 | By: P. Carlo Ratto0
News from the glass and refractory ceramics worldPublished on November 10th, 2014 | By: P. Carlo Ratto
Bucher Emhart Glass is now able to provide complete refractory solutions for the forehearths, incl. channel blocks, sub- and superstructure and insulation. The 333 channel blocks are available together with high performance mullite superstructure. The company’s new material for refractory covers that has all of the robustness of typical refractory materials, while at the same time reducing the weight of the part by 30% compared to covers made of a conventional mullite, such as Mix 345.
In the third quarter of 2014 the RHI Group’s revenues declined by 4.9% compared with the second quarter of 2014 and amounted to € 415.6 million. This is primarily due to a lack of new construction business in the Industrial Division and postponements of planned installations to the fourth quarter of 2014. As a result of weaker business in the Industrial Division, the operating result dropped from € 37.7 million in the preceding quarter to € 28.3 million in the third quarter of 2014. Consequently, the operating result margin decreased from 8.6% to 6.8% in the past quarter.
The Carborundum Universal Ltd Board of Directors has approved a merger with Cellaris Refractories India Limited, a wholly owned subsidiary of the company. As a result, there will be no additional issue and allotment of shares by the company upon merger and hence no change in the shareholding pattern arising out of the merger. The Board also has approved the appointment of Bharti Rao as director, effective November 1.
The container glass manufacturer, Vidroporto, placed the order with Zippe Industriean-lagen GmbH for a batch plant with a maximum capacity of 400 to/d. The company will also install a fully automatic cullet return system for the new furnace F#3 in Porto Ferreira, Brazil.
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